TTM
$1.76B
YoY change
+6.2%
5Y CAGR
+9.9%
Peak year (FY2026)
$1.76B
Cumulative net income
$21.5B
Net Income history chart for Paychex (PAYX) from 2017 to 2026
Latest: $1.76B
Net Income growth chart for Paychex (PAYX) from 2017 to 2026
Latest: +6.2%
Net Income history table for Paychex (PAYX) from 1986 to 2026
| FY2026 | $1.76B | +6.2% | +$103M | ||
| FY2025 | $1.66B | -2.0% | -$33.1M | ||
| FY2024 | $1.69B | +8.5% | +$133M | ||
| FY2023 | $1.56B | +11.8% | +$165M | ||
| FY2022 | $1.39B | +26.9% | +$295M | ||
| FY2021 | $1.1B | -0.1% | -$600K | ||
| FY2020 | $1.1B | +6.2% | +$63.7M | ||
| FY2019 | $1.03B | +10.8% | +$101M | ||
| FY2018 | $934M | +14.2% | +$116M | ||
| FY2017 | $817M | +8.0% | +$60.5M | ||
| FY2016 | $757M | +12.1% | +$81.9M | ||
| FY2015 | $675M | +7.6% | +$47.4M | ||
| FY2014 | $628M | +10.3% | +$58.5M | ||
| FY2013 | $569M | +3.8% | +$21M | ||
| FY2012 | $548M | +6.3% | +$32.7M | ||
| FY2011 | $515M | +8.0% | +$38.3M | ||
| FY2010 | $477M | -10.6% | -$56.5M | ||
| FY2009 | $534M | -7.4% | -$42.6M | ||
| FY2008 | $576M | +11.8% | +$60.7M | ||
| FY2007 | $515M | +10.9% | +$50.5M | ||
| FY2006 | $465M | +26.0% | +$96.1M | ||
| FY2005 | $369M | +21.8% | +$65.9M | ||
| FY2004 | $303M | +3.2% | +$9.5M | ||
| FY2003 | $293M | +6.9% | +$18.9M | ||
| FY2002 | $275M | +7.7% | +$19.7M | ||
| FY2001 | $255M | +34.1% | +$64.9M | ||
| FY2000 | $190M | +36.6% | +$50.9M | ||
| FY1999 | $139M | +36.1% | +$36.9M | ||
| FY1998 | $102M | +35.9% | +$27M | ||
| FY1997 | $75.2M | +43.8% | +$22.9M | ||
| FY1996 | $52.3M | +34.1% | +$13.3M | ||
| FY1995 | $39M | +38.8% | +$10.9M | ||
| FY1994 | $28.1M | +40.5% | +$8.1M | ||
| FY1993 | $20M | +46.0% | +$6.3M | ||
| FY1992 | $13.7M | +42.7% | +$4.1M | ||
| FY1991 | $9.6M | +11.6% | +$1M | ||
| FY1990 | $8.6M | -8.5% | -$800K | ||
| FY1989 | $9.4M | +36.2% | +$2.5M | ||
| FY1988 | $6.9M | +35.3% | +$1.8M | ||
| FY1987 | $5.1M | +21.4% | +$900K | ||
| FY1986 | $4.2M | — | — |
- FY2026$1.76B+6.2%
- FY2025$1.66B-2.0%
- FY2024$1.69B+8.5%
- FY2023$1.56B+11.8%
- FY2022$1.39B+26.9%
- FY2021$1.1B-0.1%
- FY2020$1.1B+6.2%
- FY2019$1.03B+10.8%
- FY2018$934M+14.2%
- FY2017$817M+8.0%
- FY2016$757M+12.1%
- FY2015$675M+7.6%
- FY2014$628M+10.3%
- FY2013$569M+3.8%
- FY2012$548M+6.3%
- FY2011$515M+8.0%
- FY2010$477M-10.6%
- FY2009$534M-7.4%
- FY2008$576M+11.8%
- FY2007$515M+10.9%
- FY2006$465M+26.0%
- FY2005$369M+21.8%
- FY2004$303M+3.2%
- FY2003$293M+6.9%
- FY2002$275M+7.7%
- FY2001$255M+34.1%
- FY2000$190M+36.6%
- FY1999$139M+36.1%
- FY1998$102M+35.9%
- FY1997$75.2M+43.8%
- FY1996$52.3M+34.1%
- FY1995$39M+38.8%
- FY1994$28.1M+40.5%
- FY1993$20M+46.0%
- FY1992$13.7M+42.7%
- FY1991$9.6M+11.6%
- FY1990$8.6M-8.5%
- FY1989$9.4M+36.2%
- FY1988$6.9M+35.3%
- FY1987$5.1M+21.4%
- FY1986$4.2M—
Net Income values are taken from Paychex's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Net Income at Paychex (PAYX)
According to Paychex's latest reported financial statements, the company's current net income (TTM) is $1.76B. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Paychex (PAYX) most recent annual net income stands at $1.76B (2026) – grew 6.2% year-over-year.
Paychex net income has grown on net over the period, with a +9.9% compound annual growth rate over 2021–2026 (5 years).
The highest annual net income of $1.76B was reported in 2026. The lowest in the available history was $4.2M in 1986.
Paychex Net Income by Year
Paychex Net Income 2026: $1.76B
2026's net income for Paychex came in at $1.76B, grew 6.2% from 2025. This figure represents the highest annual value in the available history.
Paychex Net Income 2025: $1.66B
Paychex posted net income of $1.66B in 2025, edged down 2.0% below 2024.
Paychex Net Income 2024: $1.69B
In 2024, Paychex reported net income of $1.69B, grew 8.5% from 2023.
Paychex Net Income 2023: $1.56B
Paychex net income in 2023 was $1.56B, grew 11.8% from 2022.
Paychex Net Income 2022: $1.39B
Paychex net income in 2022 was $1.39B.
See more financial history for Paychex (PAYX).
Sector peers by Net Income
Industrials peers of Paychex (PAYX), ranked by their latest net income
| $8.87B | |
| $8.7B | |
| $7.14B | |
| $6.73B | |
| $5.03B | |
| $4.09B | |
| $2.24B | |
| -$4.94B |
- $8.87B
- $8.7B
- $7.14B
- $6.73B
- $5.03B
- $4.09B
- $2.24B
- -$4.94B
Frequently asked questions
Paychex (PAYX) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
- Buybacks1.67% TTM
- Dividend Profile3.72% yield
- Dividend Calculator
- Dividend Forecast
- Dividend Capture
- Stock Split History10 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.